The forecast for the number of cards with a cash function per inhabitant in China shows steady growth, increasing from 6.84 in 2024 to 7.77 by 2028. This trend reflects a consistent annual growth, with a year-on-year increase averaging close to 3.3%. In 2023, the value stood at approximately 6.60, indicating a positive trajectory.
Future trends to watch include:
- The impact of digital payment adoption on physical card issuance.
- Policy changes influencing card market dynamics.
- Technological advancements in card functions.
